African businesses are increasingly using stablecoins (digital tokens designed to track fiat value) for supplier payments, commercial settlements and cross-border payouts, Kora CEO Dickson Nsofor told crypto.news. He said the tokens address delays, currency conversions, limited dollar access and settlement costs, recalling that paying a Chinese manufacturer through banks once took 10 to 14 days. Stablecoins can provide a dollar-based settlement layer, but recipients still need conversion into local currency and delivery through banks, mobile wallets or merchant networks. Chainalysis reported that Nigeria received more than $92.1 billion in cryptocurrency value between July 2024 and June 2025, while noting that the figure covers all cryptocurrency activity rather than stablecoins alone. A Banca d’Italia study of 200 USDC transfers across 10 corridors found costs ranging from 0.30% to almost 9%, with funding, withdrawals and conversion driving much of the expense. Nsofor said broader adoption depends on interoperability, licensing, identity checks, anti-money-laundering controls, liquidity providers and commercial links with banks and mobile-money operators. He also warned that reliance on foreign dollar-backed token issuers exposes African businesses to reserve, redemption, regulatory and access risks. U.S. policy remains a separate factor: the Senate’s CLARITY Act procedural motion failed on Sep. 15 after receiving 49 votes for cloture, 50 against and one senator absent, short of the required 60.